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SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
The Company's segments are reported on the same basis used internally for evaluating performance and for allocating resources. Our four reportable segments are referred to as: Industrial Process, Motion Technologies, Interconnect Solutions and Control Technologies.
Industrial Process manufactures engineered fluid process equipment serving a diversified mix of customers in global infrastructure industries such as oil & gas, mining, power generation, chemical and other process markets and is an aftermarket service provider.
Motion Technologies manufactures brake pads, shock absorbers and damping technologies for the global automotive, truck, trailer and public bus and rail transportation markets.
Interconnect Solutions manufactures a wide range of highly specialized connector products that make it possible to transfer signal and power in various electronic devices that are utilized in the aerospace, industrial, defense and oil & gas markets.
Control Technologies manufactures specialized equipment, including actuators, valves, switches, vibration isolation devices, custom-energy absorption equipment, and regulators for the aerospace, defense and industrial markets.
Corporate and Other consists of corporate office expenses including compensation, benefits, occupancy, depreciation, and other administrative costs, as well as charges related to certain matters, such as asbestos and environmental liabilities, that are managed at a corporate level and are not included in segment results when evaluating performance or allocating resources. Assets of the segments exclude general corporate assets, which principally consist of cash, investments, asbestos-related receivables and certain property, plant and equipment.

 
Revenue
 
Operating Income
 
Operating Margin
Three Months Ended September 30
2013
 
2012
 
2013
 
2012
 
2013
 
2012
Industrial Process
$
285.0

 
$
239.9

 
$
27.7

 
$
30.6

 
9.7
%
 
12.8
 %
Motion Technologies
176.8

 
151.1

 
24.8

 
18.6

 
14.0
%
 
12.3
 %
Interconnect Solutions
103.9

 
90.8

 
10.8

 
(0.9
)
 
10.4
%
 
(1.0
)%
Control Technologies
69.9

 
67.6

 
13.7

 
14.9

 
19.6
%
 
22.0
 %
Total segment results
635.6

 
549.4

 
77.0

 
63.2

 
12.1
%
 
11.5
 %
Asbestos-related benefit (costs), net
—

 
—

 
15.4

 
(12.8
)
 
—

 
—

Eliminations / Other corporate costs
(1.6
)
 
(1.9
)
 
(15.4
)
 
(13.7
)
 
—

 
—

Total Eliminations / Corporate and Other costs
(1.6
)
 
(1.9
)
 
—

 
(26.5
)
 
—

 
—

Total
$
634.0

 
$
547.5

 
$
77.0

 
$
36.7

 
12.1
%
 
6.7
 %
 
Revenue
 
Operating Income
 
Operating Margin
Nine Months Ended September 30
2013
 
2012
 
2013
 
2012
 
2013
 
2012
Industrial Process
$
810.5

 
$
699.2

 
$
78.3

 
$
80.1

 
9.7
%
 
11.5
%
Motion Technologies
541.4

 
486.4

 
81.1

 
66.1

 
15.0
%
 
13.6
%
Interconnect Solutions
295.0

 
283.6

 
16.2

 
6.5

 
5.5
%
 
2.3
%
Control Technologies
208.7

 
209.2

 
43.5

 
42.0

 
20.8
%
 
20.1
%
Total segment results
1,855.6

 
1,678.4

 
219.1

 
194.7

 
11.8
%
 
11.6
%
Asbestos-related costs, net
—

 
—

 
(16.5
)
 
(35.1
)
 
—

 
—

Eliminations / Other corporate costs
(4.2
)
 
(4.9
)
 
(47.0
)
 
(29.2
)
 
—

 
—

Total Eliminations / Corporate and Other costs
(4.2
)
 
(4.9
)
 
(63.5
)
 
(64.3
)
 
—

 
—

Total
$
1,851.4

 
$
1,673.5

 
$
155.6

 
$
130.4

 
8.4
%
 
7.8
%

 
Total Assets
 
Capital
Expenditures
 
Depreciation &
Amortization
Nine Months Ended September 30
2013
 
2012(a)
 
2013
 
2012
 
2013
 
2012
Industrial Process
$
1,116.6

 
$
1,044.8

 
$
29.6

 
$
14.0

 
$
24.5

 
$
10.4

Motion Technologies
439.1

 
405.6

 
13.4

 
20.1

 
22.4

 
20.1

Interconnect Solutions
377.5

 
362.6

 
6.6

 
5.2

 
7.8

 
7.4

Control Technologies
347.8

 
347.0

 
2.7

 
2.9

 
7.4

 
7.0

Corporate and Other
1,514.3

 
1,226.1

 
5.9

 
1.5

 
4.4

 
5.1

Total
$
3,795.3

 
$
3,386.1

 
$
58.2

 
$
43.7

 
$
66.5

 
$
50.0

(a)
Amounts reflect balances as of December 31, 2012.
Assets of $56.0 and $14.9 as of December 31, 2012 have been reclassified from Motion Technologies and Control Technologies, respectively, to Corporate and Other related to the elimination of investments in ITT subsidiaries.